During CPAC, Elon Musk claimed that significant taxpayer dollars are funneled to legacy media companies, echoing a claim made by Donald Trump. This statement, however, has been debunked, with CBS News reporting that government spending on media subscriptions amounted to only $8 million in 2024. Musk's comments were part of a dialogue with Newsmax's Rob Schmitt regarding Musk's X acquisition, where they discussed media control and the value of freedom in the context of these expenditures. Despite factual inaccuracies, Musk reiterated the claim.
A massive amount of your tax dollars is going to legacy media companies directly from the government.
Freedom is priceless. Priceless probably one of the most important investments this country has ever seen.
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